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MINNEAPOLIS--(BUSINESS WIRE)--Feb. 23, 2017--
Piper
Jaffray Companies (NYSE: PJC), a leading investment bank and asset
management firm, is pleased to announce the appointment of Ted
Christianson as partner in the merchant
banking group. He will serve alongside the group’s managing
directors Tom Schnettler and Bob Rinek, and senior advisor David Crosby.

Christianson brings more than 27 years of experience in financial
services and investment banking to the merchant banking group. He joined
Piper Jaffray in 1998 and most recently served as global head of the
Piper Jaffray capital advisory group, which includes the firm's equity
private placement, financial restructuring and debt capital markets
businesses. Christianson assumed management responsibility for the
firm's private equity placement practice in 2001 and later established
and assumed management responsibility for the capital advisory group in
2008. He also served in various senior leadership positions as a member
of the firm's investment banking commitment committee, global group head
council and the merchant banking investment advisory committee.

“Ted brings an excellent set of private equity experiences and
relationships to the merchant banking group that will be instrumental as
the team begins raising Piper Jaffray Merchant Banking Fund II,” said
Tom Schnettler, merchant banking managing director and vice chairman of
Piper Jaffray & Co. “Bob Rinek, David Crosby and I have worked closely
with Ted for many years and we look forward to leveraging his
considerable skills and relationships for the benefit of our investors.”

About Piper JaffrayPiper Jaffray Companies (NYSE: PJC) is a
leading investment bank and asset management firm. Securities brokerage
and investment banking services are offered in the U.S. through Piper
Jaffray & Co., member SIPC and FINRA; in Europe through Piper Jaffray
Ltd. and Simmons & Company International Limited, authorized and
regulated by the U.K. Financial Conduct Authority; and in Hong Kong
through Piper Jaffray Hong Kong Limited, authorized and regulated by the
Securities and Futures Commission. Asset management products and
services are offered through five separate investment advisory
affiliates―U.S. Securities and Exchange Commission (SEC) registered
Advisory Research, Inc.; Piper Jaffray Investment Management LLC, PJC
Capital Partners LLC and Piper Jaffray & Co.; and Guernsey-based
Parallel General Partners Limited, authorized and regulated by the
Guernsey Financial Services Commission.